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BlockFi Raises Deposit Rates, Eliminates Free Withdrawals

The rate increases across BTC, ETH, USDT and other crypto deposits come after layoffs at the company and a $250 million emergency line of credit from FTX.

Updated May 11, 2023, 6:47 p.m. Published Jun 24, 2022, 5:43 p.m.
BlockFi is set to offer higher yields on deposits. (Torsten Asmus/Getty images)
BlockFi is set to offer higher yields on deposits. (Torsten Asmus/Getty images)